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South Korea's All-Industry Output Rises 2.3% in June

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South Korea's all-industry production index, which measures output across the mining, manufacturing, services and construction sectors, rose 2.3% in June from a month earlier, according to data released by the Ministry of Data and Statistics on Friday.

The movement compared with a 0.3% decline in May and stood at 120.1 points based on a 2020 benchmark of 100.

Manufacturing output rose 6.8%, reversing the 3.2% decline in May, while the construction index grew 4.1%, sharper than the 3.7% increase in May.

Services output inched up 0.7%, decelerating from the 1% expansion the previous month.

On an annual basis, the all-industry production index climbed 2.3%, reversing the 0.4% drop in May.

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